
17- 3985 Eglinton Avenue, Mississauga
Churchill Meadows · Investor guide
$779,000
Estimated Value
$691,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
13
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,850/mo
Based on Churchill Meadows neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Sun-filled, south-facing, and fully upgraded 3-bedroom, 2.5-bathroom condo townhouse in the highly sought-after Churchill Meadows community. Offering a seamless blend of modern luxury and everyday convenience, this turnkey property is an ideal for young professional families looking for a place to grow, or investors seeking a premium asset with high rental potential. Property Features: Premium Layout: A south-facing, open-concept main floor designed to maximize natural light throughout the day. The upper level features 3 generously sized bedrooms, highlighted by a spacious primary suite complete with a private 4-piece ensuite. High-End Finishes: Meticulously maintained and completely carpet-free. Showcasing elegant hardwood flooring, matching hardwood stairs, and custom wainscoting throughout the home. Freshly painted in modern, neutral tones-truly move-in ready. Kitchen & Baths: A modern kitchen equipped with upgraded stainless steel appliances, abundant cabinetry, and premium granite countertops. The high-end granite finishes extend to all washrooms, which have also been beautifully modernized with newly upgraded walk-in showers. Entertaining Space: A highly versatile den extends your living space, opening directly onto a large, private patio. This outdoor area is perfectly optimized for hosting summer BBQs and entertaining guests. Everyday convenience is completed by an upgraded front-loading washer and dryer. Location & Convenience: Unbeatable location offering ultimate convenience. Situated directly across from the vibrant Ridgeway Plaza, you are just steps away from diverse dining, shopping, and everyday amenities. Enjoy walking access to top-rated schools, community parks, and recreation. Commuting is effortless with immediate access to Highway 403, Highway 407, local transit networks, and close proximity to Credit Valley Hospital.
MississaugaInvestor.ca
17- 3985 Eglinton Avenue
Condo Townhouse · 3bd/3ba · ~1,700 sqft
$779,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.34%
Monthly Cash Flow
-$2,066/mo
Estimated Rent
$2,850/mo
Cash-on-Cash
-14.51%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,850 |
| Mortgage | −$3,586 |
| Property Tax | −$545 |
| Insurance | −$225 |
| Condo Fee | −$417 |
| Vacancy (5%) | −$143 |
| Cash Flow | -$2,066/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,200 |
| Vacancy (5%) | −$1,710 |
| Property Tax | −$6,544 |
| Insurance | −$2,700 |
| Condo Fee | −$5,004 |
| Annual NOI | $18,242 |
| Cap Rate | 2.34% |
Cash Required to Close
| Down Payment (20%) | $155,800 |
| Ontario Land Transfer Tax | $12,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $170,855 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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